Issue 41

Oil & Gas

• Iran Inks Petchems Deals With Shell, Sojitz; Tatneft Signs Up For EOR
• Tatneft Inks EOR MOU
• GCC Countries Keep Middle East Drilling At Near-Record Levels

Transportation

• UAE Goes LNG Import Crazy: Sharjah Follows Dubai And Abu Dhabi

Refining & Petrochemicals

• Oman Announces New Bid Round As Record Output Continues
• Liwa Plastics Delayed To 2020

Power & Water

• SEC Fate Sealed As Falih Plots 65GW Powergen Privatization
• Jordan Starts Up 53MW Of Solar

OPEC

• Opec Cut Plans: Will They Happen? Will They Work?

Geopolitical Risk

• Egypt: IMF Demands More Reform Before Cash Release

Corporate

• KRG Repayments Cannibalize Revenues As DNO Cuts Drilling Program

Economics & Finance

• Saudi Debt Doubles, Further Rise Planned With Imminent Bond Launch
• Algeria Gets Real With $50/B 2017 Budget Oil Price
• Gulf Equity Markets: Change Is Afoot

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• US Crude Imports From Mideast Gulf, By Company 1h16 (‘000 B/D)